14 Best Holding Company Stocks to Buy Right Now

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8. The Charles Schwab Corporation (NYSE:SCHW)

Number of Hedge Fund Holders: 91

The Charles Schwab Corporation (NYSE:SCHW) is a financial services company that offers commercial banking, investment management services, wealth management, consulting, brokerage services, and retirement services. As per its latest update in December 2024, the company serves 36.2 million accounts with full-service investing and banking services across the globe. In addition to that, as of December 2024, SCHW had $10.31 trillion in client assets. Some of its subsidiaries include Charles Schwab Asset Management, OptionsXpress, Charles Schwab Trust Bank, and Family Wealth Alliance, LLC, to name a few.

In the fourth quarter of 2024, the company generated net income worth $1.8 billion and added $114.8 billion in core net new assets. In addition to that, The Charles Schwab Corporation (NYSE:SCHW) witnessed a 20% hike in its revenue compared to the fourth quarter of 2023. Similarly, new brokerage account openings increased by 23% year-over-year to 1.1 million, with active accounts reaching 36.5 million. In an impressive feat, its managed investing solutions segment recorded net inflows of $15 billion, bringing the full-year total to $55 billion.

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